China Focus: The secondary effect of defaults
The bid-ask spread for bonds in China’ property market has expanded by 300% this year, although even more so for Evergrande which increased by...
FILS USA: How ETFs drive adoption of new trading protocols
The critical role that portfolio trading plays in concentrated risk was laid bare in a discussion between Sanjay Jhamna, global head of credit trading...
Promotions at Fidelity and SSGA
James Lenton has been named head trader at Fidelity Investments in Hong Kong, where he has worked as a trader since 2017.
A spokesperson for...
Warning on credit exposure
There are several cases to argue for reduced credit exposure, noted Stefan Hofrichter, global economist at Allianz Global Investors, speaking on Wednesday at the...
Building a Better Credit RFQ
By Iseult E.A. Conlin, CFA, Managing Director, U.S. Cash Credit, Tradeweb.
Tradeweb Credit is breaking records in 2021, especially in electronic RFQ. Whether it’s total volumes,...
Bond funds hit by massive fee discounts; active revenues predicted to fall
Bond funds are dropping their investment management fees by up to 37% - in the case of passive funds – from those of the...
Fixed Income Automation Surge: 60% of Credit Traders Now Use Robots
The electronification of fixed income markets is accelerating, driven by increased adoption of automated trading systems, with 60 per cent of credit market participants...
MarketAxess volumes up 16.4%; EM and all-to-all lead growth
By Pia Hecher.
Venue operator and data provider MarketAxess has announced its second quarter results with significant upward trends in overall trading volume, including Open...
Power to the people
New trading protocols can create paths to best execution or confound it through complexity. Chris Hall reports.
“Every nation gets the government it deserves” was...
TP ICAP connects dealers to Liquidnet’s New Issue Trading protocol
TP ICAP, the interdealer broker, market infrastructure and information provider, is enabling dealers to join the buy-side in placing orders and trade directly on...
November’s bumper month for fixed income e-trading
Electronic trading platforms have reported a bumper November for fixed income trading, with CME reporting interest rate average daily volume (ADV) up by 42%;...
The election effect: Secondary markets
While the effect of an election on the markets is typically subdued on the day itself – more so when the outcome is uncertain...